Itex Corp. (OTCMKTS:ITEX – Get Free Report)’s share price fell 3.1% on Monday . The company traded as low as $3.10 and last traded at $3.10. Approximately 100 shares were traded during mid-day trading, an increase of 167% from the average daily volume of 38 shares. The stock had previously closed at $3.20.
Itex Stock Performance
The business has a 50 day simple moving average of $3.06 and a 200-day simple moving average of $3.00.
About Itex
ITEX Corporation operates a barter-based exchange platform that enables businesses to trade goods and services using an alternative currency called ITEX Trade Dollars. By matching buyers and sellers through its proprietary network, the company helps members conserve cash, improve cash flow and clear excess inventory without traditional financial outlays.
The company’s core offering revolves around its ITEX Trade Marketplace, where participating businesses can post trade opportunities and fulfill needs across a wide range of categories, including office supplies, marketing services, professional consulting and maintenance.
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